Reuters News

HONG KONG, March 25 (Reuters) – Private equity deals in Asia got off to a steady start in 2011, as buyout funds provided capital to companies in rapidly growing China and India, and some analysts say competition is pushing up valuation in some Asian countries. Asia has traditionally been a growth market for PE funds, […]

LONDON, March 24 (Reuters) – Four private equity firms remain in the hunt for SLV Group, the German lighting business owned by HgCapital which could fetch more 400 million euros ($562 million), people familiar with the matter said. European buyout houses BC Partners, Charterhouse and Cinven are all in the second round of the auction […]

NEW YORK (Reuters) – Insight Communications Co., controlled by The Carlyle Group, has put itself up for auction, seeking a deal valuing the U.S. cable operator at up to $4 billion, people close to the deal told Reuters. Insight, the tenth largest cable operator in the United States according to Carlyle’s website, has hired Bank […]

CHICAGO, March 22 (Reuters) – Leonard Green & Partners is evaluating whether to buy BJ’s Wholesale Club Inc and has entered into a confidentiality agreement with the retailer, pushing its shares up 2.6 percent in early Tuesday trading. In February, BJ’s Wholesale said that its board had decided to explore a sale and other alternatives, […]

FRANKFURT, March 21 (Reuters) – Media mogul John Malone’s Liberty Global will buy Kabel BW after private equity firm CVC declined to raise its offer in a fierce battle for the German cable operator. The deal values Kabel Baden Wuerttemberg at 3.16 billion euros ($4.48 billion), Swedish buyout firm EQT said Monday. Over the weekend, […]

March 21 (Reuters) - Chipmaker NetLogic Microsystems Inc said it will buy a privately held fabless semiconductor provider for an initial $77 million in cash, to expand its footprint in the 4G long-term evolution (LTE) market. Optichron Inc's advanced processors will support wider signal bandwidth, spectrum maximization and power efficiency for carriers deploying next-generation LTE, NetLogic said. "The exponential growth in mobile data traffic in the next five years, coupled with global spectrum scarcity, are forcing service providers and operators worldwide to push the limits on capacity and throughput for their limited spectrum," NetLogic said in a statement.

UPDATE: NEW YORK, March 9 (Reuters) – HCA Holdings Inc, the biggest U.S. for-profit hospital chain, sold more shares than planned, at the high end of an expected price range, completing an initial public offering on Wednesday, sources briefed on the matter said. Although analysts warned of long-term risks arising from HCA’s big debt and […]

NEW YORK, March 8 (Reuters) – Plastics company Styron Corp is planning an initial public offering less than nine months since private equity firm Bain Capital bought it from Dow Chemical , two sources familiar with the situation said on Tuesday. The lead underwriters on the IPO are expected to be chosen in the next […]

LONDON/FRANKFURT, March 8 (Reuters) – Private equity firm BC Partners raised 4 billion euros ($5.6 billion) for a new fund, people familiar with the situation said, beating expectations in a tough fundraising environment. The company told its investors on Tuesday it held a “first close” — the point after which it can start to invest […]

A leveraged buyout deal of $10 billion to $15 billion in size would be possible right now as financing is back to being available on attractive terms, David Bonderman, the co-founder of TPG Capital [TPG.UL] said. Private equity deal sizes have been increasing since the credit crisis cut off access to cheap debt; but deal […]